Question

-How do strategic and operational risks differ between organizations that produce tangible goods (e.g., automobiles) and intangible goods (e.g., IT services)? ​ what startgies have these organizations used to mitigate stategic and operational risks associated with offshoring and outsourcing ?

Answer 1

Strategic risks and operational risks differ in onrganiztion between the production of tangible goods and intangible goods is -:

The major focus of strategic risk is to add new creative approach to overcome old issue thus in case of tangible goods this approach is not much sufficient as compare to to intangible goods (like IT service) because as the technology changes , new creative aproaches needs to added in much faster ways in intagible goods where as in case of operational risk , this risk deals with the removal of roadblocks in developement/implementation of startegic risk , thus operational risk are much beneficial approach for tangible goods because in tangible goods after its production and adding new feature it comes with lots of blocker thus this needs to be solved so opeartional risk approach are best for tangible doods.

To mitigate startegic and operational risk associated with offshoring and outsourcing is to add some new startegy to the organization like Risk assessment , financil risk plans n compliance risk startegy .